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[URGENT] Samsung Electronics corrects Q3 operating profit to W5.2tr from W7.8tr
By 김화균Published : Oct. 12, 2016 - 16:17
[THE INVESTOR] Samsung Electronics (005930) reported on Oct. 12 that it has revised its operating profit estimate for the third quarter down to 5.2 trillion won(US$ 4.6 billion).
The South Korean tech giant had previously estimated that its operating profit for the July-September period may stand at 7.8 trillion won.
This comes after the official suspension of its Galaxy Note 7 production on Oct. 11.
Compared with a year ago, the revised estimate of third-quarter operating profit plunged 29.63 percent.
Samsung also revised down its third-quarter sales estimate to 47 trillion won.
(theinvestor@heraldcorp.coM">theinvestor@heraldcorp.com)
The South Korean tech giant had previously estimated that its operating profit for the July-September period may stand at 7.8 trillion won.
This comes after the official suspension of its Galaxy Note 7 production on Oct. 11.
Compared with a year ago, the revised estimate of third-quarter operating profit plunged 29.63 percent.
Samsung also revised down its third-quarter sales estimate to 47 trillion won.
(theinvestor@heraldcorp.coM">theinvestor@heraldcorp.com)
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